Gold prices surged on Thursday, heading for their largest monthly increase since November 2022 due to a …
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Financial Institutions
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FeatureFinancial InstitutionsInternational NewsMoneyNews
IMF urges major financial reforms in Switzerland
by Aya El Sayedby Aya El SayedThe International Monetary Fund (IMF) stated on Thursday that Switzerland requires robust financial sector reforms following the …
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNewsunclassifiedURGENT
URGENT: No rush to cut policy rate – Fed board member
by M.S.Salamaby M.S.SalamaAccording to an official statement on the Fed’s website, Christopher J. Waller, a member of the Federal …
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
SWIFT to unveil CBDC platform within 2 years
by Aya El Sayedby Aya El SayedSWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate …
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ArabFinancial InstitutionsNewsStocks
Most Gulf markets ease ahead of US inflation data
by Nada Aliby Nada AliMost Gulf stock markets were down in early trade on Monday, following Asian markets lower ahead of …
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BanksEgypt NewsFeatureFinancial InstitutionsMoneyNews
Egypt poised to receive up to $50 billion in FDI
by M.S.Salamaby M.S.SalamaThe Egyptian market is gearing up to receive the largest foreign exchange inflows, amounting to approximately $50 …
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BanksFeatureFinancial InstitutionsMoney
IMF chief urges c. banks independence amid political pressure
by Nada Aliby Nada AliInternational Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that central banks are under growing political pressure …
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FeatureFinancial InstitutionsIndustry & TradeInternational NewsMoneyNewsTech/AI
IMF, Sri Lanka reach staff-level agreement on second review of funding package
by Aya Anwarby Aya AnwarThe International Monetary Fund (IMF) announced on Thursday that it had reached a staff-level agreement with the …
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FeatureFinancial InstitutionsMoney
Egypt FX firms’ revenues hit EGP 4.18b since flotation
by Aya El Sayedby Aya El SayedFollowing the recent decisions by the Central Bank of Egypt, the foreign exchange companies of the three …
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FeatureFinancial InstitutionsInternational NewsMoneyNewsTech/AI
Canadian funds invest C$595m in India’s NHIT
by Nada Aliby Nada AliThe Canada Pension Plan Investment Board and the Ontario Teachers’ Pension Plan Board have invested a total …